Oehmke, James F.; Maredia, Mywish K.; Weatherspoon, Dave D. - 2001
Despite the clear influence of European Union biotechnology restrictions on trade patterns, very little work has been … done to model these influences or their long-run effects. This paper presents an economic trade theory model of … biotechnology R&D, trade patterns, and growth. The results indicate that developing countries may become the major producers of …